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DBpedia 2016-04

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Matches in DBpedia 2016-04 for { ?s ?p "Blue Startups is a Hawaiian-based \"venture acceleration\" company co-founded by Henk and Maya Rogers in 2012. They created it to help startup companies, and help make Hawaii more identifiable as a technological business hub. Business woman Chenona Farnsworth joined the company as its managing director in 2013. The company has a network of over 80 mentors from the Hawaii, Silicon Valley, and Asia areas. It has a total of eight lead mentors, which includes Henk Rogers, Robert Robinson, Steve Markowitz, Tim Dick, Jeff Kraatz, Bill Spencer, Michael Troy, and Dan Freedman. The company's stated goal - according to former Program Manager Meli James - is to get companies started in Hawaii and make them want to keep working in the state.The company participates in and operates a number of events. Its most notable event is its cohort program, where the company offers startup companies the opportunity to receive money, training, and experience to get their businesses off of the ground. The company received $200,000 of taxpayer money from the Hawaii Strategic Development Corp.'s Launch Akamai Venture Accelerator program. To facilitate these business expansion services. The company has, to date, received approximately $1.7 million in tax funding, as well as receiving matching funds in private investments. The cohort program takes place twice a year, with programs that focus on developing \"capital-efficient and scalable-technology companies\" in the Internet, software, mobile, gaming, and e-commerce industries. Companies selected among hundreds receive an investment of $20,000, training, and office space in exchange for a 6% equity stake. The company has hosted five cohort of startups as of March 2015, and it has 23 companies in its portfolio, which have been awarded $600,000 in \"seed and additional capital\" by Blue Startups.The company has been met with good recognition for its involvement in assisting with startups and its participation in improving the Hawaiian technological scene. It appeared at number 17 on a list of the \"top 20 US accelerators\" and was cited as an example of companies that are \"mentoring an expanding network of Internet, software, mobile, and e-commerce firms.\""@en }

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